HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Noront Resources announces historic formation of First Nations Advisory Council

We will mine it (or be taken out at beaucoup money by a major) but I was just saying that it is too early on that graph to go from proving up to production. Our SP does not reflect what we have in the ground and the quality of our company. So I expect our SP to climb significantly before getting to the dip between proving up and production.

But you are right when you say we are doing everything to get to production! When Wes was saying we are 2 years ahead of everyone, when you look at where we stand on every critical aspect, I believe he is right!

G.

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Oct 15, 2009 12:19AM
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